taxes Property Tax Assistance

2021 ISD Summary Worksheet

226-Tom Green /Tom Green County

226-907/Grape Creek ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	325,085,040	0.9020	360,404,701	325,085,040
B - MULTIFAMILY	699,910	N/A	699,910	699,910
C1 - VACANT LOTS	8,767,070	N/A	8,767,070	8,767,070
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,308,440	1.5048	4,856,668	7,308,440
D2 - FARM & RANCH IMP	4,575,050	N/A	4,575,050	4,575,050
E - NON-AG LAND AND IMPROVEMENTS	38,920,290	0.9479	41,059,489	38,920,290
F1 - COMMERCIAL REAL	14,381,243	N/A	14,381,243	14,381,243
F2 - INDUSTRIAL REAL	6,320,810	N/A	6,320,810	6,320,810
G - ALL MINERALS	74,220	N/A	74,220	74,220
J - ALL UTILITIES	18,768,240	N/A	18,768,240	18,768,240
L1 - COMMERCIAL PERSONAL	15,573,240	N/A	15,573,240	15,573,240
L2 - INDUSTRIAL PERSONAL	16,147,080	N/A	16,147,080	16,147,080
M1 - MOBILE HOMES	9,014,330	N/A	9,014,330	9,014,330
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	518,990	N/A	518,990	518,990
S - SPECIAL INVENTORY	31,020	N/A	31,020	31,020
Subtotal	466,184,973	0	501,192,061	466,184,973
Less Total Deductions	95,586,820	0	105,263,941	95,586,820
Total Taxable Value	370,598,153	0	395,928,120	370,598,153

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
389,191,913	370,598,153	389,191,913	370,598,153

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
18,593,760	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
389,191,913	370,598,153	389,191,913	370,598,153

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

226-907-02/Grape Creek ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	325,085,040	0.9020	360,404,701	325,085,040
B - MULTIFAMILY	699,910	N/A	699,910	699,910
C1 - VACANT LOTS	8,767,070	N/A	8,767,070	8,767,070
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,308,440	1.5048	4,856,668	7,308,440
D2 - FARM & RANCH IMP	4,575,050	N/A	4,575,050	4,575,050
E - NON-AG LAND AND IMPROVEMENTS	38,920,290	0.9479	41,059,489	38,920,290
F1 - COMMERCIAL REAL	14,381,243	N/A	14,381,243	14,381,243
F2 - INDUSTRIAL REAL	6,320,810	N/A	6,320,810	6,320,810
G - ALL MINERALS	74,220	N/A	74,220	74,220
J - ALL UTILITIES	18,768,240	N/A	18,768,240	18,768,240
L1 - COMMERCIAL PERSONAL	15,573,240	N/A	15,573,240	15,573,240
L2 - INDUSTRIAL PERSONAL	16,147,080	N/A	16,147,080	16,147,080
M1 - MOBILE HOMES	9,014,330	N/A	9,014,330	9,014,330
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	518,990	N/A	518,990	518,990
S - SPECIAL INVENTORY	31,020	N/A	31,020	31,020
Subtotal	466,184,973		501,192,061	466,184,973
Less Total Deductions	95,586,820		105,263,941	95,586,820
Total Taxable Value	370,598,153		395,928,120	370,598,153

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
389,191,913	370,598,153	389,191,913	370,598,153

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
18,593,760	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
389,191,913	370,598,153	389,191,913	370,598,153

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption